Global Automobiles Undervalued based on future growth

Ford Motor

Market Cap: US$46.5b

Develops, delivers, and services Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles worldwide.

Hyundai Motor

Market Cap: ₩47.0t

Manufactures and distributes motor vehicles and parts worldwide.

Aptiv

Market Cap: US$18.0b

Engages in design, manufacture, and sale of vehicle components for the automotive and commercial vehicle markets in North America, Europe, the Middle East, Africa, the Asia Pacific, South America, and internationally.

Continental

Market Cap: €14.3b

A technology company, provides solutions for vehicles, machines, traffic, and transportation worldwide.

Ford Otomotiv Sanayi

Market Cap: ₺380.4b

Engages in the manufacture, assembly, import, export, and sale of motor vehicles and spare parts primarily in Turkey.

Sailun Group

Market Cap: CN¥46.4b

Engages in the research and development, manufacturing, and sales of tires, and tire recycling products in China, Europe, the United States, Asia, Africa, and internationally.

Lear

Market Cap: US$5.6b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.

Yadea Group Holdings

Market Cap: HK$42.0b

An investment holding company, engages in the development, manufacture, and sale of electric two-wheeled vehicles and related accessories under the Yadea brand in the People’s Republic of China.

AIMA Technology Group

Market Cap: CN¥29.9b

Engages in the research and development, production, and sale of electric bicycles, mopeds, and motorcycles in China and internationally.

Cheng Shin Rubber Ind

Market Cap: NT$124.0b

Together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products.

Loncin Motor

Market Cap: CN¥25.0b

Manufactures and sells generating sets, agricultural machinery equipment, light-duty power units, and two-wheeled motorcycles in Japan and internationally.

Hankook Tire & Technology

Market Cap: ₩4.8t

Manufactures and sells tires worldwide.

Shandong Linglong TyreLtd

Market Cap: CN¥23.1b

Designs, manufactures, develops, and sells tires in the People’s Republic of China.

Valeo

Market Cap: €2.6b

A technology company, designs, produces, and sells products and systems for the automotive markets in France, other European countries, Africa, North America, South America, and Asia.

Qingdao Sentury Tire

Market Cap: CN¥20.7b

Develops, produces, and sells tires in China.

Weifu High-Technology Group

Market Cap: CN¥19.2b

Researches, develops, produces, and sells automotive products in the People’s Republic of China.

Gestamp Automoción

Market Cap: €1.9b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

OPmobility

Market Cap: €1.9b

Designs and produces intelligent exterior systems, customized complex modules, lighting systems, energy storage systems, and electrification solutions for all mobility players in Europe, North America, China, rest of Asia, South America, the Middle East, and Africa.

Zhejiang Qianjiang Motorcycle

Market Cap: CN¥9.3b

Researches and develops, manufactures, sells, and services motorcycles and accessories in China and internationally.

SL

Market Cap: ₩1.6t

Manufactures and sells automotive parts in South Korea, North America, China, India, Europe, South America, and internationally.

JK Tyre & Industries

Market Cap: ₹103.3b

Develops, manufactures, markets and distributes automotive tyres, tubes, flaps, and retreads in India, Mexico, and Internationally.

Tianneng Power International

Market Cap: HK$8.9b

An investment holding company, engages in the research, development, manufacture, and sale of power batteries for electric vehicle market in the People’s Republic of China and internationally.

Gentherm

Market Cap: US$1.1b

Designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally.

Jiangsu General Science Technology

Market Cap: CN¥7.4b

Jiangsu General Science Technology Co., Ltd.

Kumho Tire

Market Cap: ₩1.4t

Engages in the manufacture and sale of tires in South Korea, Europe, North America, Central and South America, Asia, and internationally.

XPEL

Market Cap: US$949.7m

Manufactures, installs, sells, and distributes protective films, coatings and related services.

Piaggio & C

Market Cap: €726.9m

Engages in development, manufacture, and distribution of two-wheeler and commercial motor vehicles.

SAF-Holland

Market Cap: €695.4m

Manufactures and sells chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses.

Aisan Industry

Market Cap: JP¥111.7b

Engages in the manufacture and sale of automotive parts in Japan and internationally.

Topre

Market Cap: JP¥110.1b

Engages in the press-related products and temperature-controlled logistics-related businesses in Japan.

American Axle & Manufacturing Holdings

Market Cap: US$738.1m

Designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles.

Nippon Seiki

Market Cap: JP¥102.9b

Engages in the manufacture and sale of instruments for automobiles, motorcycles, agricultural and construction machines, and boats in Japan, the Americas, Europe, and rest of Asia.

Cooper-Standard Holdings

Market Cap: US$689.1m

Through its subsidiary, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the North America, Europe, the Asia Pacific, and the South America.

SNT Motiv

Market Cap: ₩920.0b

Produces, develops, and sells products for defense and automotive industries in South Korea and internationally.

Sri Trang Agro-Industry

Market Cap: ฿20.9b

Manufactures and distributes natural rubber products in Thailand, China, the United States, Japan, Korea, India, Germany, and internationally.

Indus Motor

Market Cap: PK₨178.9b

Engages in the manufacture and marketing of Toyota brand vehicles primarily in Pakistan.